October 15, 2008 // 8:07 pm - The Official UK PlayStation site has also published an article detailing ALL of the features included in PlayStation Portable system software update 5.00. It reveals that support for MPEG-4 AVC is included.

To quote: PSP system software version 5.00 has increased the number of file types that can be played to include MPEG-4 AVC (H.264) Video Main Profile (AVC CABAC) in 640 x 480 pixels.

If you update your PSP system, the system software version will be 5.00 and the following features will be updated.

Hi everyone, as Eric mentioned in his post yesterday, we wanted to give you a live demo of the PSP's direct access to PlayStation Store, which will be coming with the 5.00 firmware update.

Now whenever your PSP is connected to the Internet over WiFi, you'll be able to download and enjoy the latest games, demos and trailers on the go without needing to sync up to your PS3 or PC. Here's a brief walk-through of what...

October 14, 2008 // 7:18 pm - Sony have issued an Official PS3 (v2.50) / PSP (v5.00) software update press release today. It reveals that the PSP-2000's video-out feature will be able to display PlayStation format software (classics titles) at the full-screen size of the TV that the PSP is connected to (the feature will also support interlace displays). Both system software updates will be released on October 15, 2008.

October 13, 2008 // 9:51 pm - Ever since the introduction of the PlayStation Network, I have been complaining about the PSP's inability to support its use. Well it looks like Sony is finally going to make me eat crow, as they announced full PSN integration into the newest PSP firmware update.

Details on PSP firmware 5.0 had been lacking, but Joystiq was able to get hands-on time with the newest update while attending the Tokyo Game Show:

"PSP firmware 5.0 ushers in the PS Store for PSP. With the exception...

Hi everyone. We've been listening to all of your feedback about the PS3 and PSP, and with these next firmware updates (coming soon), we've added a number of new features and improved some existing functionality to make your PS3/PSP experience even better.

PSP (v5.00) update

Let's start with the v5.00 update for PSP. In this version, you'll notice the addition of the PlayStation Network icon on the XMB. You can now sign up for PlayStation Network, manage your account and access...

The update will add an XMB icon which will allow users to access the PlayStation Store directly from their PSP consoles. Sony will then begin offering downloadable UMD-based titles on the same day as their retail release.

In related news, IGN has made available the first PlayStation Store for PSP screens along with a description on how you use the...

October 9, 2008 // 11:35 pm - At the TGS, Sony has revealed that all future UMD PSP title releases will be accompanied by a downloadable version for the PSP store. Destroy All Heros 2 will be the first dual-release game when the PSP store hits Japan on October 15.

To quote: Destroy All Heros 2 is the first SCEJ game to be effected by the new dual-release policy, hitting Japanese stores as UMD and the PS Store as a download on October 15.